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Apr 19, 2013
04/13
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doesn't have the effect of offsetting the deficit or making the deficit look smaller? >> i would have to go back and look at that. i am not sure of hand. the money segregated in a different account for the postal service but i have to check and give you a definitive answer. >> i believe it is interested and use that you would look at that because i think it is the disguise of the deficit, one of the reasons the postal service is seen as having to do, nobody else has to do and that is what i want to get to. is 75 years of refunding health care consider the best practice? >> the pre funding is considered a best practice. >> that was not my question. this is the only business and the only federal government that it -- >> actually the defense department is free funding. >> how much are they pre funding? >> they are pretending $150 billion. >> how much as the postal service refunded? >> i believe it is about 48 -- 43. >> would you recommend the federal government, why haven't you recommended to other federal agencies best practice, is this what we should be doing and if so
doesn't have the effect of offsetting the deficit or making the deficit look smaller? >> i would have to go back and look at that. i am not sure of hand. the money segregated in a different account for the postal service but i have to check and give you a definitive answer. >> i believe it is interested and use that you would look at that because i think it is the disguise of the deficit, one of the reasons the postal service is seen as having to do, nobody else has to do and that...
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Apr 19, 2013
04/13
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proposed a budget going forward, and a way to have sustained and balanced approach to both reducing the deficit but making some of the critical investments that we need to make, and actually the budget anticipates -- >> we are all -- i should add, start in row. we are all cheers about the magnificent contribution to brain research. thank you. >> i think that's an example of the presidency believe that we ur proper t sinst, and certainly scientifc sech is one of the most critical investments to keep the innovation and research at the front and. so we very much support outlining the mapping strategy which could have a huge impact not only on the future but we think about health costs related to everything from autism to alzheimer's, and if you want to really get our arms around what's happened to health costs in the future, just brain mapping, has an enormous impact. and as you say, i think dr. collins estimates that is about a 71 return, that every dollar in research grant generates about $7 in economic activity in the community where those research grants end up in terms of jobs and scientists.
proposed a budget going forward, and a way to have sustained and balanced approach to both reducing the deficit but making some of the critical investments that we need to make, and actually the budget anticipates -- >> we are all -- i should add, start in row. we are all cheers about the magnificent contribution to brain research. thank you. >> i think that's an example of the presidency believe that we ur proper t sinst, and certainly scientifc sech is one of the most critical...
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Apr 17, 2013
04/13
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we had no capacity to deal with it other than by we were in deficit and had a bigger deficit. we have to slowly work our way out. the budget gets us to a solid stable place. >> what is the highest rate you think can be charged to small business? >> i'm sorry. >> we're 39% now. the highest in the nation. that -- i can tell you that doesn't help small business. what is the highest rate you and the president think they can charge small business before they collapse and break? >> obviously businesses choose whether to organize on the corporate side or individual side. we we have not proposed any increase beyond the current 39.6 on the individual side. the better we do -- i heard you talk about. what is his deal. >> it was not a simple as this. it was difficult negotiation we were negotiating with republicans to refuse to put taxes on the table. >> forget it. let me pose this. i'm a small business owner and i can tell you your not helping small business. the burden that the administration is putting on small business unbelievable. i would suggest you look at texas or nod see what l
we had no capacity to deal with it other than by we were in deficit and had a bigger deficit. we have to slowly work our way out. the budget gets us to a solid stable place. >> what is the highest rate you think can be charged to small business? >> i'm sorry. >> we're 39% now. the highest in the nation. that -- i can tell you that doesn't help small business. what is the highest rate you and the president think they can charge small business before they collapse and break?...
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Apr 20, 2013
04/13
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now, some people can't understand what the trade deficit is, some will, but the trade deficit is the difference between what america exports and what we import so what it really means to say that we're $500 billion out of balance for the rest of the world is that we're consuming more than we produce to the tune of $500 billion a year. the reason that's true is the only place you can get goods to consume is you either make them yourself or import them from someplace else. this is another way in which the united states is living beyond its means. now, those remarks were to try to get you interested. people don't usually pay money to hear me speak. i assume you are all at least somewhat interested. if you look at free trade, once you understand there's an issue here with the trade situation, if any of you got a wallet on you, pull out a ten dollar bill. the guy on the ten dollar bill etary of the treasury, ca the intellectual architect of american capitalism, one of the founding father, and an envowed protectionist as was abraham lincoln, as was virtually every president prior to world
now, some people can't understand what the trade deficit is, some will, but the trade deficit is the difference between what america exports and what we import so what it really means to say that we're $500 billion out of balance for the rest of the world is that we're consuming more than we produce to the tune of $500 billion a year. the reason that's true is the only place you can get goods to consume is you either make them yourself or import them from someplace else. this is another way in...
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Apr 20, 2013
04/13
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have been deficits for four years. but sometimes you need some, you get it, other times, in germany, to end with one poll that is quite interesting. you may know, you may have known that of course there's a lot of concern in public opinion, is it not the wrong decision to care for the european monetary, if you look at -- be have the highest polls we ever had, and shoo we stay in the euro or not. 70%, which is high, said, yes, we have to stay. we have to solve the problem. and it's a good basic. thank you very much. >> thank you very much. [applause] >> let me just start the questions by asking you, we have seen major initiatives in both the united states and europe to regulate banks. is more coordination needed between the two of us and if so, how would you recommend that we could achieve that. >> obviously more coordinate needed, but we try to find solutions in europe. we know that u.s. has in some way gone ahead, but we will work -- we discuss -- it's not most problematic issue actually, to have common understanding
have been deficits for four years. but sometimes you need some, you get it, other times, in germany, to end with one poll that is quite interesting. you may know, you may have known that of course there's a lot of concern in public opinion, is it not the wrong decision to care for the european monetary, if you look at -- be have the highest polls we ever had, and shoo we stay in the euro or not. 70%, which is high, said, yes, we have to stay. we have to solve the problem. and it's a good basic....
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Apr 21, 2013
04/13
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is --ever, the economy due to deficit and debt. the federal deficit is at more than $1 trillion. the national debt is that more and $16 trillion. the senior director of the bipartisan policy desk says that the debt has been acutely living so much that the economy is on hiring. >> our debt is the percentage of gdp. in the last 30 or 40 years has in less than 40%. it is only in recent years that we have seen a client. the fact is, we are in dangerous territory. that thesullivan says policymakers are arguing and debating but missing the main shellshocked u.s. economy. >> joshua gordon says that the deficit is continuing to expand because of job loss, creating less revenue and more spending on aid programs. >> you have a large deficit for four years because you have low revenues and people don't have paid or they're getting less. but also we have this mandatory spending program, which grow on autopilot. food stamps programs, medicaid, based on a limited economy is bad. >> the entire financial crisis is unclear. >> i think that the underlying issues of the financial crisis have not be
is --ever, the economy due to deficit and debt. the federal deficit is at more than $1 trillion. the national debt is that more and $16 trillion. the senior director of the bipartisan policy desk says that the debt has been acutely living so much that the economy is on hiring. >> our debt is the percentage of gdp. in the last 30 or 40 years has in less than 40%. it is only in recent years that we have seen a client. the fact is, we are in dangerous territory. that thesullivan says...
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Apr 17, 2013
04/13
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the administration said we reduced deficit by police $2.6. the president is responsible for all the policy enacted before when he was in office for the first two years. if you add back the money for the stimlis, the payroll tax holiday, the 24% increase in domestic spend. total deficit reduction when you net it out comes close to $5 billion. not the higher number. you have to add both sides. all of those savings have been signed to law. this is the second line on the chart. once you take out the baseline gains and add back nearly spending increase in the budget when the gimmick removed and spending counted. total deficit reduction comes to $1 19 billion. we see it as a disappointment. because it's a missed opportunity. we need a new floach washington to meet the most pressing challenges. that's what we are offering. we offer a plan to balance the budget in ten years which we think is a critical to growing a healthy economy. we extend opportunity for them. we guarantee we think we need to get back to work to repair the safety net there in a re
the administration said we reduced deficit by police $2.6. the president is responsible for all the policy enacted before when he was in office for the first two years. if you add back the money for the stimlis, the payroll tax holiday, the 24% increase in domestic spend. total deficit reduction when you net it out comes close to $5 billion. not the higher number. you have to add both sides. all of those savings have been signed to law. this is the second line on the chart. once you take out...
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Apr 21, 2013
04/13
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the federal deficit is at more than $1 trillion. a senior director of the bipartisan policy center said the debt has been accumulating so much the economy is at high risk. >> our debt is a percentage of g.d.p. in the last 30 or 40 years it's been less than 40%. it's only in recent years we've seen a decline. we are in dangerous territory. >> debra sullivan of the bloomberg view blames the shell-shocked u.s. economy. >> they say it's continuing to expand because of job loss, causing more spending on aid programs. >> we had large deficits for four years because we have low revenues as people don't have jobs, or they're getting paid less. but also we have these mandatory spending programs which go on auto pilot. unemployment, food stamps, medicaid, they spend more when he economy is bad. >> i think that the underlying issue of the financial crisis have not been fixed at all. indeed there's no easy fix. >> there are fix to consider. >> if we want to lift the cloud of deficits hanging over our country, we won't solve the problem of fisca
the federal deficit is at more than $1 trillion. a senior director of the bipartisan policy center said the debt has been accumulating so much the economy is at high risk. >> our debt is a percentage of g.d.p. in the last 30 or 40 years it's been less than 40%. it's only in recent years we've seen a decline. we are in dangerous territory. >> debra sullivan of the bloomberg view blames the shell-shocked u.s. economy. >> they say it's continuing to expand because of job loss,...
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Apr 18, 2013
04/13
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raise it to 70, and you fix two-thirds of the social security deficit. you can fix the remaining third by means testing the benefits. i thought that there'd be bipartisan support for that because the president has occasionally said he's for entitlement reform, but he, i think, has not shown much leadership on this. seems to be inching more towards it, but i had a meeting with him back when we used to have 47 republican senators, we sat down around a table like this with he and the vice president. this was probably a year and a half ago. and i told him precisely that, that i think we should be able to get people on pote sides of the equation -- on both sides of the equation just to, essentially, fix social security. medicare's a more difficult problem. it's $35-40 billion short, and these are problems that drive your deficit. everybody here knows this. two-thirds of the budget is entitlements. to we have another -- so we have another bill that fixes medicare. it's $35-40 trillion on the whole we do the same thing. we age the -- raise the age grawjally, we
raise it to 70, and you fix two-thirds of the social security deficit. you can fix the remaining third by means testing the benefits. i thought that there'd be bipartisan support for that because the president has occasionally said he's for entitlement reform, but he, i think, has not shown much leadership on this. seems to be inching more towards it, but i had a meeting with him back when we used to have 47 republican senators, we sat down around a table like this with he and the vice...
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Apr 18, 2013
04/13
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you raise the age gradually 27862 thirds of the social security deficit. fix the remaining by testing the benefits. the president has occasionally sad he's for entitlement reform, but is not shown much leadership on this premise seems to benchmark per se, but any with him at least a 47 republican senators, we sat around a table that he and the vice president a year and half ago and i told them i think we should give people on both sides to essentially fix social security. .. into the federal employee benefits plan, federal health insurance plans so i said this is a democrat idea, this will be easy. i be easy. i will just go to john kerry and say let's use your idea and a friedel country but for senior citizens and let everybody of the federal employee health plan. i think the public would like it if they are still getting the same health plan is their congressman is and should be eminently sellable. similar to what paul ryan talks about give everybody the federal health employment plan. it saves 1 trillion over 10 years and actually according to our projec
you raise the age gradually 27862 thirds of the social security deficit. fix the remaining by testing the benefits. the president has occasionally sad he's for entitlement reform, but is not shown much leadership on this premise seems to benchmark per se, but any with him at least a 47 republican senators, we sat around a table that he and the vice president a year and half ago and i told them i think we should give people on both sides to essentially fix social security. .. into the federal...
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Apr 24, 2013
04/13
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together with the deficit reduction enacted last congress, the senate budget would reduce the deficit by $4.3 trillion. through a nearly two to one mix of spending cuts and revenue, two parts spending cuts to one part revenue. house republicans took a very different approach with their budget, making only cuts, drastic cuts to education, to law enforcement, to medical research, even ending medicare as we know it for future retirees. the house budget derives its deficit reduction from cuts that primarily hurt low-income and middle-class americans while refusing to touch a single tax give-away to wealthy and well-connected special interests. senate democrats took a middle course. house republicans produced an extremist tea party wish list. in his own budget plan, president obama included some smart provisions like investments in infrastructure and the buffett rule for tax fairness. and i respect the president's outreach to a compromise with republicans, but i cannot support the cuts to social security benefits in his plan. it is simply wrong to place the burden of deficit reduction on s
together with the deficit reduction enacted last congress, the senate budget would reduce the deficit by $4.3 trillion. through a nearly two to one mix of spending cuts and revenue, two parts spending cuts to one part revenue. house republicans took a very different approach with their budget, making only cuts, drastic cuts to education, to law enforcement, to medical research, even ending medicare as we know it for future retirees. the house budget derives its deficit reduction from cuts that...
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Apr 19, 2013
04/13
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it drives the sided search for a piece deficit that i don't think exists. we went to that in the '90s. to undermine the readiness and capabilities to get the arsenal and they are expanding. we should be expanding hours. but to have a significant impact of the capabilities to reach the intelligence community just in time when we need it the most. to be asked about the effects of sequestration of the intelligence community and i have quoted you several times on this and it is very profound. olmec we're cutting real capability and accepting greater risk for intelligence shorter hours for public parks or longer lines at the airports for intelligence it is insidious. the capability you don't know about that until you notice that. you'll notice ny when we have the same" end quote. and i think that is the belief and the reasonthat is in the military is super bear to deal with threats around the world has the intelligence community uses capability.we are making us lese and i look to our witnesses how the current budget cuts accurately assess these threats especiall
it drives the sided search for a piece deficit that i don't think exists. we went to that in the '90s. to undermine the readiness and capabilities to get the arsenal and they are expanding. we should be expanding hours. but to have a significant impact of the capabilities to reach the intelligence community just in time when we need it the most. to be asked about the effects of sequestration of the intelligence community and i have quoted you several times on this and it is very profound. olmec...
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Apr 24, 2013
04/13
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we are wrestling with this larges budget deficit. we know that there are management challenges and when you say o.m.b., it is office of management and budget. who is confirmed in this position is expected to ride herd, to oversee a group of team, a good team, that will focus on budget, thousand continue to rein in our budget deficit and bring it back to a more sustainable fiscal position for us and what is do we need to do on the management side to help hastening that day? we have across the federal government in this administration -- we had it in the bush administration, the last bush administration as well -- something i call executive branch swiss cheese. we've too many positions, senior positions in this administration. we had a uminfor number of theme last position. in some cases the administration has not vetted, nominated, and submitted names us to. in some conveyings we're not moving them very quickly thuns they have. there is a shared responsibility here. the administration -- in this case we haven't had a confirmed directo
we are wrestling with this larges budget deficit. we know that there are management challenges and when you say o.m.b., it is office of management and budget. who is confirmed in this position is expected to ride herd, to oversee a group of team, a good team, that will focus on budget, thousand continue to rein in our budget deficit and bring it back to a more sustainable fiscal position for us and what is do we need to do on the management side to help hastening that day? we have across the...
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Apr 18, 2013
04/13
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who's cating econmic growth with good jobs, balancing, having aal aancedproach to deficit reduction and strengthen the middle class. as i said, last week our focus in the next little while will be on guns and budget, talked about budget. i will be joined by my colleague, congressman mike thompson of california. congressman thompson is a vietnam vet, a wounded vietnam vet. he is a gun owner, hunter. is the head of our task force on gun violence prevention, and he is a co-author of the bipartisan bill in the house with peter king. to put forth a manchin-toomey compromise that failed, so sadly, in the senate last night. we are so disappointed. our sorrow was expressed so appropriately by president obama last night that i invited mike to join us here to tell you where we go from here and to answer the question that people are saying what can we do to change this. mike, would you speak -- thank you for your leadership. >> thank you, leader pelosi. it's a pleasure and honor to join you, to talk about and to answer any questions that you guys may have on gun violence prevention. -manchin amend
who's cating econmic growth with good jobs, balancing, having aal aancedproach to deficit reduction and strengthen the middle class. as i said, last week our focus in the next little while will be on guns and budget, talked about budget. i will be joined by my colleague, congressman mike thompson of california. congressman thompson is a vietnam vet, a wounded vietnam vet. he is a gun owner, hunter. is the head of our task force on gun violence prevention, and he is a co-author of the bipartisan...
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Apr 23, 2013
04/13
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deficits continue far into the future. the president also offered no real entitlement reform and no plan to grow america's stagnant economy. president obama is truly budgeting from behind. what's interesting about this budget, though, is it's not just how late it was. it's that it -- it isn't just what he says about what that says about the lack of leadership from the white house. what's also very interesting is what this budget says about the coming train wreck of the president's own health care law. the train wreck succombing not just because the -- the train wreck is coming not just because the health care law is unaffordable for families, it is unaffordable for taxpayers of this country. it fails to slow down washington spending, but it is also dishonest about how much of a budget buster his health care law will be. in fact, the administration has used a lot of smoke and mirrors to try to hide the true cost of the health care law. here's how the associated press put it. they ran an article titled "tracking obama's heal
deficits continue far into the future. the president also offered no real entitlement reform and no plan to grow america's stagnant economy. president obama is truly budgeting from behind. what's interesting about this budget, though, is it's not just how late it was. it's that it -- it isn't just what he says about what that says about the lack of leadership from the white house. what's also very interesting is what this budget says about the coming train wreck of the president's own health...
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Apr 18, 2013
04/13
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weekend fix the budget that reduces the deficit by $1.2 trillion over 10 years and that would take a grand bargain including spending cuts and additional revenues. would turn off the automatic spending cuts and sequestration for those 10 years. i remain hopeful we can develop such a bipartisan plan but absent a so-called grand bargain, surely we could devise a balanced deficit reduction package for one year that avoid sequestration in fy2014. we simply cannot continue to ignore the effects of sequestration. sequestration will have a major impact on military personnel. the pay of military personnel has been exempt it will ask them -- for troops including schools, military children, family support programs and transition assistance programs and mental health and other counseling programs. the president's budget request continues the measure drawdown of active duty and present and strength. we have in recent years given the department numerous force shaping authorities to allow us to reduce the debt strength in a responsible way, ensuring that the service maintains the proper enforcemen
weekend fix the budget that reduces the deficit by $1.2 trillion over 10 years and that would take a grand bargain including spending cuts and additional revenues. would turn off the automatic spending cuts and sequestration for those 10 years. i remain hopeful we can develop such a bipartisan plan but absent a so-called grand bargain, surely we could devise a balanced deficit reduction package for one year that avoid sequestration in fy2014. we simply cannot continue to ignore the effects of...
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Apr 23, 2013
04/13
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how do we do the deficit reconstruction. how do we do the tough stuff. let level the playing field, let's make this responsive to the main stream businesses every day. struggle and simply asking for justice. they're simply asking for equity. i yield the floor. >>> joining us from capitol hill. what is the purpose of this senate internet sales tax bill? >> the legislation state require that online retailers charge sales tax when consumers make a purchase online. that includes retailers not within their own state. >> who are some of the supporters? why did some say it will level the -- playing field for retailers? >> the big which include retail industry. it's the big restalers -- retailers, walmart, amazon.com, which is an online retailer. they said brick and mortar are at the disadvantage. they have to charge the sales tax with the online retailers don't. consumers are technically are supposed to pay the taxes on the tax return, but studies show that most don't. so in effect online goods get that 6 to 10% on average discount. >> what about the opponents
how do we do the deficit reconstruction. how do we do the tough stuff. let level the playing field, let's make this responsive to the main stream businesses every day. struggle and simply asking for justice. they're simply asking for equity. i yield the floor. >>> joining us from capitol hill. what is the purpose of this senate internet sales tax bill? >> the legislation state require that online retailers charge sales tax when consumers make a purchase online. that includes...
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we're talking about the real kinds of deficits that we see a deficit in jobs a deficit in real health care a deficit in our educational system those are the kinds of things that money would be used for what about the people who say. once you put the tax on the business model the water becomes viable high for goods or computer trading goes away you'll make some money on the tax but it's not going to three hundred fifty billion bucks it's going to be maybe thirty it will never go away it's been very lucrative for them and it continues to be and if you look in europe if you look at other countries that have a financial center they have not gone away and they've had a version of it for some time now they just voted recently to to do the robin hood tax but they have some similar things like value added taxes and it hasn't hurt them in any and it didn't hurt our country years ago so i don't think you're ever going to completely stop that but what the speculation that we've seen in the last several years that's really really hurt our country that does need to be curbed or it's driving up the
we're talking about the real kinds of deficits that we see a deficit in jobs a deficit in real health care a deficit in our educational system those are the kinds of things that money would be used for what about the people who say. once you put the tax on the business model the water becomes viable high for goods or computer trading goes away you'll make some money on the tax but it's not going to three hundred fifty billion bucks it's going to be maybe thirty it will never go away it's been...
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Apr 18, 2013
04/13
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as we tackle that deficit and debt. that said, when we had the payroll tax decreases during the deepest days of our recession, the government did obligate itself to make up for the shortfall in the payroll tax .evenues and yes, that will come from other funds, other taxpayer funds. host: this is "washington journal," and we have been talking with tammy baldwin on a first-term senator from wisconsin. please come back. guest: thank you. really appreciate it. host: the house is coming in at 10:00 a.m. we will open the phones. we have put a lot of topics on the table. we will take your phone calls on issues we have been discussing today. first, we will get this news update from c-span radio. >> 9:20 a.m. eastern time. the number of americans seeking unemployment benefits increased i 4000 last week to a seasonally adjusted 352,000. the level is consistent with solid hiring and suggests the job market should rebound this month after slowing sharply in march. the labor department says the four-week average, a less volatile mea
as we tackle that deficit and debt. that said, when we had the payroll tax decreases during the deepest days of our recession, the government did obligate itself to make up for the shortfall in the payroll tax .evenues and yes, that will come from other funds, other taxpayer funds. host: this is "washington journal," and we have been talking with tammy baldwin on a first-term senator from wisconsin. please come back. guest: thank you. really appreciate it. host: the house is coming in...
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we're talking about the real kinds of deficits that we see a deficit in jobs a deficit in real health care a deficit in our educational system those are the kinds of things the money would be used for what about the people who say. once you put that tax on the business model the water becomes viable high frequency computer trading goes away you'll make some money on the tax those are going to three hundred fifty billion bucks it's going to be maybe thirty it will never go away it's been very lucrative for them and it continues to be and if you look in europe if you look at other countries that have a financial center they have not gone away and they've had a version of it for some time now they just voted recently to to do the robin hood tax but they have some similar things like value added taxes and it hasn't hurt them in any and it didn't hurt our country years ago so i don't think you're ever going to completely stop that but but the speculation that we've seen in the last several years that's really really hurt our country that does need to be curbed or it's driving up the price
we're talking about the real kinds of deficits that we see a deficit in jobs a deficit in real health care a deficit in our educational system those are the kinds of things the money would be used for what about the people who say. once you put that tax on the business model the water becomes viable high frequency computer trading goes away you'll make some money on the tax those are going to three hundred fifty billion bucks it's going to be maybe thirty it will never go away it's been very...
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Apr 21, 2013
04/13
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>> the deficit is the biggest problem we face. the deficit is not the biggest problem we face. the biggest problem is jobs and wages and getting back growth. >> for decades we have been told don't tax the upper class because the less tax they have the better it is for the middle class, true or false in. >> false. the idea that people at the top are the job creators belies -- the truth about the economy is the middle class they are the job creators because their spending creates jobs. >> so many people have been sold on this for years. >> i don't know why. trickle down economics. if you give more tax breaks to people at the top and companies at the top, you are going to create jobs has been proven over and over again to be false. >> amazing insight from robert rice. >> take a look at your hand. it's telling you something about your future. >> wheb you meet a ceo do you look at their fingers? >> i did. >> best selling author, bronson talks about the fascinatingfind. he talks about the length of your fingers. we are back in two minutes. >>> he's one of the most celebrated writers
>> the deficit is the biggest problem we face. the deficit is not the biggest problem we face. the biggest problem is jobs and wages and getting back growth. >> for decades we have been told don't tax the upper class because the less tax they have the better it is for the middle class, true or false in. >> false. the idea that people at the top are the job creators belies -- the truth about the economy is the middle class they are the job creators because their spending...
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Apr 22, 2013
04/13
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the federal deficit is at more than $1 trillion. the resulting national debt is at more than $16 trillion. stephen bell, a senior director of the bipartisan policy desk says that the debt has been accumulating so much that the economy is at a high risk. >> our debt is the percentage of gdp. in the last 30 or 40 years, it has been less than 40%. it is only in recent years that we have seen it climb. the fact is we are entering dangerous territory. >> deborah solomon of the "bloomberg view" says that the policymakers are arguing and debating over causes but missing the main culprit -- a shellshocked u.s. economy. >> joshua gordon says that the deficit is continuing to expand because of job loss, causing less revenue and more spending on aid programs. >> you have a large deficit for four years because you have low revenues and people don't have jobs, or they're getting paid less. but also we have this mandatory spending program, which grow on autopilot. unemployment compensation, food stamps programs, medicaid-- they spend more when th
the federal deficit is at more than $1 trillion. the resulting national debt is at more than $16 trillion. stephen bell, a senior director of the bipartisan policy desk says that the debt has been accumulating so much that the economy is at a high risk. >> our debt is the percentage of gdp. in the last 30 or 40 years, it has been less than 40%. it is only in recent years that we have seen it climb. the fact is we are entering dangerous territory. >> deborah solomon of the...
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Apr 18, 2013
04/13
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as we tackle that deficit and . at said, when we hadpayroll tada deepesys of our rece the government did obligate itself to make up for the shortfall in the payroll tax revenues. and yes, that will come from other funds, other taxpayer funds. host: this is "washington journal," and we have been talking with tammy baldwin on a first-term senator from wisconsin. please come back. guest: thank you. really appreciate it. >> when the war began, congress came into session and july. it issued a statement that articulated the consensus war goals of the united states. it was very simple. very clear. the purpose of this war is to restore the union. to disrupt the social institutions of the south. and everybody knew what that meant. it meant not to disrupt slavery. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013] >> saturday night at 8:00 eastern on c-span three. at the capitol today, cabinet secretaries and othersteng b qu, janet napolitano testified for a second
as we tackle that deficit and . at said, when we hadpayroll tada deepesys of our rece the government did obligate itself to make up for the shortfall in the payroll tax revenues. and yes, that will come from other funds, other taxpayer funds. host: this is "washington journal," and we have been talking with tammy baldwin on a first-term senator from wisconsin. please come back. guest: thank you. really appreciate it. >> when the war began, congress came into session and july. it...
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Apr 23, 2013
04/13
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it is deficit-reduction without a tax increase. i think it's the kind of deficit reduction that we can get bipartisan support for in the country. grow up all sorts of other issues. what about public education? public schools don't teach kids how to read english well and don't teach them american history. but that's a problem, then we need education reform. that is being worked on a state- by-state. that's a problem for kids born here as well as everybody else, in terms of the quality of education they're getting. what about the welfare system? 185 means-tested welfare programs. bill clinton worked with republican congress to reform aid to families with dependent children. we can make progress on the others as well, and reforming welfare is important and needs to be done. it saves money and keeps people from getting locked into welfare dependency. but none of those are arguments for getting in the way of immigration reform. then there's the question of entitlements medicare and get benefits because they are born, a question of immig
it is deficit-reduction without a tax increase. i think it's the kind of deficit reduction that we can get bipartisan support for in the country. grow up all sorts of other issues. what about public education? public schools don't teach kids how to read english well and don't teach them american history. but that's a problem, then we need education reform. that is being worked on a state- by-state. that's a problem for kids born here as well as everybody else, in terms of the quality of...
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Apr 22, 2013
04/13
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CSPAN2
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greece has made a lot of progress in reducing deficit as well. therefore, we are regaining confidence. and if you look at market, markets are very, have regained a lot of confidence. and bonds for all member states, including italy, spain, all the concerned countries, are below they used to be before the crisis. therefore, markets have regained what we are doing now is building the next step, building the banking union. we have already agreed on mechanisms because we need a strong european supervision of banks because our banking works not only in the frame of one member state, but all of us. we need a european mechanism and a european supervision. we haveimemented, we will implement a supervise mechanism in the coming weekings. it -- weeks. it has been already decided. we will build, we have a european regulation on deposit insurance. we have a european regulation on our -- it is not yet decided, but it's drafted, and it is on the way on regulation that was -- [inaudible] mechanism as well. and, therefore, we are working step by step in the dire
greece has made a lot of progress in reducing deficit as well. therefore, we are regaining confidence. and if you look at market, markets are very, have regained a lot of confidence. and bonds for all member states, including italy, spain, all the concerned countries, are below they used to be before the crisis. therefore, markets have regained what we are doing now is building the next step, building the banking union. we have already agreed on mechanisms because we need a strong european...
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of focusing on tax rates well of course and so how have we most effectively raised you know the by deficit spending we did it with world war two we did it with the highs in our highway project we did it with the great society we did it with a man on the moon i mean we know you can't give me past nine hundred sixty not the world's changed since we made it out we should just we should just be going for no reason just that he should just sweep the rest of the world and recover or his recovery and it will be my good name is that because i love what you just said the communal spending will communal spending is there and if it's done right in strategically you make sure your average citizen is educated well and can compete in a global society and that in very investments are made so that we can lead the world in things like alternative energy but that's not happening right now because all we want to do is not tax the people tom what is the tax rate now for the very wealthy as compared to the reagan era welfare now it's the top tax rate is thirty nine percent but if you're in your living sitting
of focusing on tax rates well of course and so how have we most effectively raised you know the by deficit spending we did it with world war two we did it with the highs in our highway project we did it with the great society we did it with a man on the moon i mean we know you can't give me past nine hundred sixty not the world's changed since we made it out we should just we should just be going for no reason just that he should just sweep the rest of the world and recover or his recovery and...
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Apr 24, 2013
04/13
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CSPAN2
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two weeks to stand up for the shadow council on the deficit, two weeks to stand up to backbenchers on welfare, two weeks to stand up to the trade unions on just about anything. it is a week in which he said goodbye to david miliband and hello to george galloway. no wonder, no wonder tony blair said their fellow travelers are not listed he was ousted the right. [shouting] >> order. statements for home secretary. >> here on c-span2 we will leave the british house of commons now as they move on to other legislative business. you've been watching prime minister's question time aired live wednesdays at 7 a.m. eastern while parliament is in session. you can see this week's question time again sunday night at nine eastern and pacific on c-span. and for more information go to c-span.org, click on c-span series for prime minister's questions complies with international news media and legislatures around the world. you can also watch recent video, clean programs did with other international issues. >> oh, my ticker to secretary janet napolitano testified yesterday about the relationship between
two weeks to stand up for the shadow council on the deficit, two weeks to stand up to backbenchers on welfare, two weeks to stand up to the trade unions on just about anything. it is a week in which he said goodbye to david miliband and hello to george galloway. no wonder, no wonder tony blair said their fellow travelers are not listed he was ousted the right. [shouting] >> order. statements for home secretary. >> here on c-span2 we will leave the british house of commons now as...
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is presently struggling with a budget deficit the u.k. is saddled with an enormous deficit complete with negative economic growth none of those countries had anticipated that these economic ills would overlap in such a way that it would inflict such a severe downturn on them one could argue that.
is presently struggling with a budget deficit the u.k. is saddled with an enormous deficit complete with negative economic growth none of those countries had anticipated that these economic ills would overlap in such a way that it would inflict such a severe downturn on them one could argue that.
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Apr 16, 2013
04/13
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WFDC
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grupo jugadores de la banca de brooklyn con 20 puntos y 11 rebotes para que los nets acabaran con un dÉficit tempranero de 17 tantos para vencer por 106-101 a los wizards. los nets, que recibirÁn el miÉrcoles a detroit antes de que abran en casa la primera ronda de playoffs de la conferencia del este, mientras que los wizards de washington solo estan para terminar la temporada regular. esta noche entre otras noticias tendremos como ayuda futbol for ever a la juventud salvadoreÑa. los esperamos. >> hoy dÍa es martes >>> la explosiÓn que mataron por lo menos a 3 personas e hirieron a más de 180 en boston, el fbi pide ayuda del público para dar con culpables >>> nosotros conversamos con uno de ellos, carlos arredondo que ha tenido su propia
grupo jugadores de la banca de brooklyn con 20 puntos y 11 rebotes para que los nets acabaran con un dÉficit tempranero de 17 tantos para vencer por 106-101 a los wizards. los nets, que recibirÁn el miÉrcoles a detroit antes de que abran en casa la primera ronda de playoffs de la conferencia del este, mientras que los wizards de washington solo estan para terminar la temporada regular. esta noche entre otras noticias tendremos como ayuda futbol for ever a la juventud salvadoreÑa. los...
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Apr 23, 2013
04/13
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KICU
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the eurozone's collective deficit decreased in 2012. its most financially strapped countries, including ireland, greece and italy, have trimmed or stabilized deficits, while more secure nations like germany have pulled back on spending. meanwhile, greece, ireland, italy and portugal each still have debt that is higher than a year of the country's economic output. general motors drives up sales in china. the car company sold one million cars in china faster than it ever has before. last year, it took until may 7th before gm sold its one millionth vehicle. the news comes during the shanghai auto show. there are more than one hundred automakers in china. sales growth is exploding, and american car companies are hoping to compete. singapore is a growing "money magnet" for the wealthy. a new report says singapore is on track to replace switzerland as the largest offshore wealth hub. switzerland has $2.8 trillion in assets. $2.1 trillion are from offshore. singapore has $550 billion in assets under management. nearly $450 billion are from off
the eurozone's collective deficit decreased in 2012. its most financially strapped countries, including ireland, greece and italy, have trimmed or stabilized deficits, while more secure nations like germany have pulled back on spending. meanwhile, greece, ireland, italy and portugal each still have debt that is higher than a year of the country's economic output. general motors drives up sales in china. the car company sold one million cars in china faster than it ever has before. last year, it...
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Apr 22, 2013
04/13
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KGO
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. >> it is worth it to get the deficit down. painful but stressful. >> it puts more stress on air traffic control. it is not right. >> the f.a.a. says this will not impact safety. the advice during all of of this, you have heard it before, check on your fight before you head to the airport with a website handling that for you, and we have a link to it at abc7news.com. the furloughs will be in effect until september. >> thank you, amy hollyfield. a great day for short sleeves. >> it is new outfit time. >> springtime. almost summer-like weather. here is a look at at&t park, talk about a gorgeous evening, we will talk about what to expect weapon the diamondbacks take on the giants and how warm. we get? that is ahead. >> if you are trying to lose weight, is it better to start dieting first or exercising first? doctors think they have the answer. >> here is a look from our exploritorium camera on the roof of the new explorito >> covering fremont, palo alto, north bay and all the bay area, this is abc7 news. you trying to lose weight.
. >> it is worth it to get the deficit down. painful but stressful. >> it puts more stress on air traffic control. it is not right. >> the f.a.a. says this will not impact safety. the advice during all of of this, you have heard it before, check on your fight before you head to the airport with a website handling that for you, and we have a link to it at abc7news.com. the furloughs will be in effect until september. >> thank you, amy hollyfield. a great day for short...
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Apr 23, 2013
04/13
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CSPAN2
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it's also not directed to where we really need to do to reduce the deficit. once again sequestration applies to discretionary spending primarily, it provides a fourth round of cuts, we've already had cuts over the last three years and for the agencies that are affected, it's equivalent to about a 10% cut. you can't do that without seriously affecting the mission of the agencies. and that is just wrong. and that's why i have said from the beginning, let's replace sequestration. well, march 1 came, sequestration came, people woke up the next day and said what's the big deal? well, we're finding out what the big deal is all about. we just heard from the budget of the f.a.a., the air traffic controllers, that because of sequestration they have little option, 85% of their proiption praitional budget is in personnel and air traffic controllers are most of the personnel. so therefore they've announced this have to furlough 11 days during the remainder of this fiscal year, and that comes out to about one furlough day over each work period. it's as much as a 10% reduc
it's also not directed to where we really need to do to reduce the deficit. once again sequestration applies to discretionary spending primarily, it provides a fourth round of cuts, we've already had cuts over the last three years and for the agencies that are affected, it's equivalent to about a 10% cut. you can't do that without seriously affecting the mission of the agencies. and that is just wrong. and that's why i have said from the beginning, let's replace sequestration. well, march 1...
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Apr 16, 2013
04/13
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CNBC
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we have a massive deficit. >> well, we had a 6% of gdp deficit in 2006. it's now 3% of gdp. and if some of the economists' projections are correct, we go into surplus by 2020. that's what the market thinks. it could go wrong and i wouldn't sell all my gold at this point. but the way the market is going, we are likely to have a trade surplus or at least a deminimus deficit and that means our international credit is going to be terrific and there is no dollar crash. >> peter schiff, let me just ask you. look, there has been an awful lot of pessimism and i've been a credit of ben bernanke. and it's interesting to me and i want to get your reaction. the big inflation never came. the total collapse of the dollar never came. in fact, the dollar, against broad trade-weighted indexes is about what it was four or five years ago. gone up and down, hasn't really moved. this pumping of the money supply, most of the banks didn't use the reserves. and the inflation rate, heck, today, i think the year on year cpi, 1.3%. in other words, a lot of the doom and gloom collapsed the dollar, coll
we have a massive deficit. >> well, we had a 6% of gdp deficit in 2006. it's now 3% of gdp. and if some of the economists' projections are correct, we go into surplus by 2020. that's what the market thinks. it could go wrong and i wouldn't sell all my gold at this point. but the way the market is going, we are likely to have a trade surplus or at least a deminimus deficit and that means our international credit is going to be terrific and there is no dollar crash. >> peter schiff,...
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Apr 18, 2013
04/13
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KRCB
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finance ministry officials said the trade deficit came to $3.7 billion. exports rose 1.1% from a year earlier in yen terms. that's the first rise in two months. imports rose 5.5%. it rose for a fifth straight month. higher demand for crude oil and liquefied gas was aajor stumble. the dow jones industrial average ended up 14,618. down more than .9 of a percent. for more on how stocks are trading, let's go to ramin at the tokyo stock exchange. seems like we're having a bald week with stocks up and down every day. >> it does seem that way. we had housing data on tuesday that rose and now we see the likes of bank of america and some of the major tech suppliers coming out with weak numbers and forecast this which pulled down the key indexes as well. let's look at how that is translating into the opening levels for today, thursday, april 18th here. both indexes in thenegative. 1347 down one 1% the nikkei. down 1,125 for the topix. the nikkei rebounded on wednesday. the focus today may shift to financial and tech related shares especially as shares of apple fell
finance ministry officials said the trade deficit came to $3.7 billion. exports rose 1.1% from a year earlier in yen terms. that's the first rise in two months. imports rose 5.5%. it rose for a fifth straight month. higher demand for crude oil and liquefied gas was aajor stumble. the dow jones industrial average ended up 14,618. down more than .9 of a percent. for more on how stocks are trading, let's go to ramin at the tokyo stock exchange. seems like we're having a bald week with stocks up...
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Apr 24, 2013
04/13
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FBC
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neil: the threat rising almost as fast as the deficit itself ago until there is a true economic crisis and i don't think we had in 2008 or 2009 is not much it will get worse because we have not lived in times like this with the whole world inflating the currency and nobody is living within their means. neil: if you think about it if in doubt spend more just like the of bush years the allies are at risk. just like the of privacy invasions like your son last night with rand paul are justified because we may get killed because one is the harm if they poke into the female's? you have to draw the line somewhere. >> i do because we should not build up to a fear. one side says we cannot cut a penny from the military. trouble. other side, saying you have to have a safety net for everyone, they compromise, they complain so often we don't have enough compromise in washington. but i think there is plenty, it was not so bad when we were growing and wealthy, we're not as wealthy as we used to be, we're a debtor nation, and not producing as much. the compromise is continue to spending which is wrong
neil: the threat rising almost as fast as the deficit itself ago until there is a true economic crisis and i don't think we had in 2008 or 2009 is not much it will get worse because we have not lived in times like this with the whole world inflating the currency and nobody is living within their means. neil: if you think about it if in doubt spend more just like the of bush years the allies are at risk. just like the of privacy invasions like your son last night with rand paul are justified...
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Apr 18, 2013
04/13
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FBC
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anyone responsible for government. 11 percent said it's the deficit and debt. now, you may have noticed, we are not seeing any legislation, not heang a lot of talk about programs and responses to deal with these issues. and then there is, of course, health care. 6 percent. 6 percent say that is the most important issue. 5 percent say it's ethics. i have to say, 5% as a little small for me on this. the ethical and moral and family decline in this country. are you kidding me? 4% say immigration. i know what your thinking. we have seen a huge immigration bill introduced. well, 4 percent say that it's education. the number one issue in the country. and another 4 percent say guns. isn'that interesting? guns. here is what the hundred and 13 congress that succeeded at doing so far this year. they put together seven measures, seven measures, seven measures total, two of them new laws for disaster relief. to loss funding the government itself, of course. one lot to protect us from buyout terrorism and then the next, one law expanding protections for domestic violence vi
anyone responsible for government. 11 percent said it's the deficit and debt. now, you may have noticed, we are not seeing any legislation, not heang a lot of talk about programs and responses to deal with these issues. and then there is, of course, health care. 6 percent. 6 percent say that is the most important issue. 5 percent say it's ethics. i have to say, 5% as a little small for me on this. the ethical and moral and family decline in this country. are you kidding me? 4% say immigration....
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Apr 16, 2013
04/13
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KQED
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it's believed that cyprus may need to sell some gold to help cover its deficit. whale analysts don't feel it would have a huge impact on the overall market, they worry it sets a precedent for other troubled countries. while others believe gold will rebound, the thought is that the pile on selling doesn't last. >> the chances are that it will go up and down for a few weeks around then stabilize and the buyers will then step in. >> while some are worried about how the decline might impact their pension plans, it usually tends to be a small percentage of a diversified portfolio. the decline might be balanced out by gains in equities and there's even a silver lining. for those in the market to buy the commodity itself or gold jewelry, this could be a time to jump in. >> that tumble in gold prices also prompted a rare retraction from bill gross. the founder and co-chief investment officer of pimco. at a barrens magazine event last month, he predicted prices wouldn't move much unless real interest deklaclined further or expectations rose higher. neither happened. today
it's believed that cyprus may need to sell some gold to help cover its deficit. whale analysts don't feel it would have a huge impact on the overall market, they worry it sets a precedent for other troubled countries. while others believe gold will rebound, the thought is that the pile on selling doesn't last. >> the chances are that it will go up and down for a few weeks around then stabilize and the buyers will then step in. >> while some are worried about how the decline might...
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Apr 17, 2013
04/13
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KDTV
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pineda, no solo estÁ su contexto familiar, tambiÉn un profesor, un tutor que hace 30 aÑos dijo que el dÉficit no estÁ en los genes. >>> empezÓ a trabajar con niÑos con sÍndrome hace 4 dÉcadas. y que se convenciÓ si toda la sociedad le decÍa que eran incapaces de aprender cualquier niÑo no iba a desarrollarse. >>> la deficiencia no es un tipo de atributo, se construye en funciÓn del modelo educativo que se de. >>> mientras tanto pablo trabaja para que las personas tengan mÁs oportunidades y Él no deja pasar ninguna, cuando le ofrecieron el papel protagÓnico que le ofrecieron no lo dudÓ y se llevo un gran premio en el festival de san sebastiÁn. >>> concha de plata al mejor actor pablo pineda por "yo tambiÉn". >>> ahora lo asumo mÁs. pero me quede perplejo. >>> cuenta el deseo de integrarse a la sociedad. >>> puedo enamorarme, tambiÉn puedo hacer muchas cosas. >>> un todo en el que pablo tiene un pendiente. nunca tuvo una novia. dice que ahÍ los prejuicios le ganaron. pero no pierde esperanzas que un dÍa pueda trabajar como maestro y encontrar una mujer que comparta sus deseos
pineda, no solo estÁ su contexto familiar, tambiÉn un profesor, un tutor que hace 30 aÑos dijo que el dÉficit no estÁ en los genes. >>> empezÓ a trabajar con niÑos con sÍndrome hace 4 dÉcadas. y que se convenciÓ si toda la sociedad le decÍa que eran incapaces de aprender cualquier niÑo no iba a desarrollarse. >>> la deficiencia no es un tipo de atributo, se construye en funciÓn del modelo educativo que se de. >>> mientras tanto pablo trabaja para que las...
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Apr 24, 2013
04/13
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FBC
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neil: regardless, bottom line is that appetite for this type of spending is not going away, deficits not withstanding, we -- there will be other fiskers or solyndra, bottom line, there is still appetite in the white house to fund more of the grind initiatives hoping to strike oil, no pun. they have not as yet. but, the hope is they will, will they? >> no, this is not a case of execution being off. this is a part of a trend. you could say giving subsidies favoring certain companies over others is picking winners and loser, but the obama white house has a very bad scoreboard of pickingostly losers like. solyndra, that go bankrupt at taxpayer's expect we do not have money or resources for this. we have as there are assistant $17 trillion national debt now is not the time. neil: how do they do it, if you bet on new technology, does government get behind it. >> we lost everything, we have green taxes, we just tax people. we have seen it before. fundamentally, there does need to be reform in washington, $100 billion a year in corporate welfare, crony capitalism that needs to be looked at m
neil: regardless, bottom line is that appetite for this type of spending is not going away, deficits not withstanding, we -- there will be other fiskers or solyndra, bottom line, there is still appetite in the white house to fund more of the grind initiatives hoping to strike oil, no pun. they have not as yet. but, the hope is they will, will they? >> no, this is not a case of execution being off. this is a part of a trend. you could say giving subsidies favoring certain companies over...
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Apr 19, 2013
04/13
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he found the deficit ceiling will come down for trillions of dollars. his study found $2.5 trillion because when people become legalized, they will start paying taxes and they'll also have to pay back taxes, fines and fees through part of this immigration system. so that means they're not going to be coughing -- costing taxpayers money to go through this process and as many economists believe will raise the quality of life. host: the senate judiciary committee takes up the immigration bill this morning. c-span 1 will have that live. you'll also find that on our website. rebecca kaplan is a staff writer at in the national journal. it includes covering the campaign looking at the republican side of things. she worked on that and she also has covered the white house, as part of national journal's team and now she's looking at congress. one of the aspects of congress you're looking at is the house. here's a recent headline of her story. forget working groups, t house juciar is moving immigration ontswn what's happening in the house? >> the chairman is actua
he found the deficit ceiling will come down for trillions of dollars. his study found $2.5 trillion because when people become legalized, they will start paying taxes and they'll also have to pay back taxes, fines and fees through part of this immigration system. so that means they're not going to be coughing -- costing taxpayers money to go through this process and as many economists believe will raise the quality of life. host: the senate judiciary committee takes up the immigration bill this...
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Apr 23, 2013
04/13
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as they aim to turn its primary balance deficit into a surplus by 2020, prime minister abe has ordered them to come up with a clear road map to tackle the problem. they want to include this in the government's mid to long term economic and fiscal policies to be compiled by around june. the prime minister made the comment at a meeting of council on economic and fiscal policy held on monday. it came after council members from the private sector said in the meeting that the government's effort to make the finances healthy are essential. they said this is to ease concerns that the bank of japan is taking over the country's debt as the central bank boosts purchased. the members urge them to use funds from the private sector as well as to promote reforms on medical nursing systems. >>> bold monetary easing measures by japan's central bank are starting to have an effect on the country's constitutiinst investors. the yield falls on japanese government debt. officials reveal how to plan to manage funds for fiscal 2013 which started this month. they say they will boost their investments by $10 b
as they aim to turn its primary balance deficit into a surplus by 2020, prime minister abe has ordered them to come up with a clear road map to tackle the problem. they want to include this in the government's mid to long term economic and fiscal policies to be compiled by around june. the prime minister made the comment at a meeting of council on economic and fiscal policy held on monday. it came after council members from the private sector said in the meeting that the government's effort to...
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Apr 22, 2013
04/13
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spanish deficit was up to 10.6% of gdp. stephane joins us now live from madrid. >> there is no surprise. 10.6% of gdp. there's a reason behind it. it's the cost of bailing out the spanish banking sector. eurostadt did not give the details about the calculation, but without the cost of bailing out the banking sector, the deficit was 6.9% of gdp, which is higher than the 3% target set by the government, but of course that would be much lower than the 10%, for instance, deficit that we've seen in greece last year as a result, of course, the spanish debt is rising. it's now 84.2% of the spanish gdp. that's a sharp increase if you compare to the level before the prices in spain. and there's a paradox in that announcement. yes, we've seen some positive reaction on the bond market. the other part is that it will actually help the government to ask for more time to reduce its public deficit below 3% of ggdp. the new target will be 2016, two years later than expected, and that will give the government a bit of precome, a bit of marg
spanish deficit was up to 10.6% of gdp. stephane joins us now live from madrid. >> there is no surprise. 10.6% of gdp. there's a reason behind it. it's the cost of bailing out the spanish banking sector. eurostadt did not give the details about the calculation, but without the cost of bailing out the banking sector, the deficit was 6.9% of gdp, which is higher than the 3% target set by the government, but of course that would be much lower than the 10%, for instance, deficit that we've...
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Apr 23, 2013
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number one, the economic deficit of less skilled immigration. the u.s. work force is changing american family is having fewer children and birthrates are now well below levels. 10,000 baby boomers are retiring every day. and the lush and her workers coming behind them are much more educated than their parents. in 196064% of american workers were high-school dropouts. today the number is less than 10%. together these three factors have had a dramatic effect on the pool of americans available to fill low-skill jobs. it is no accident that my members are constantly complaining about the difficulty finding workers. the pool have to draw on a shrinking. for those seeking higher, unskilled man of prime working age the supply of u.s. workers is literally half the size it was in 1970. if a thing, demand is growing. in $0.195,525 of every dollar spent on food was spent in a restaurant. today it is $0.50. one of the fastest growing occupations in america is some help aid. many less skilled immigrant workers and only then increasingly in years ahead. aside from tak
number one, the economic deficit of less skilled immigration. the u.s. work force is changing american family is having fewer children and birthrates are now well below levels. 10,000 baby boomers are retiring every day. and the lush and her workers coming behind them are much more educated than their parents. in 196064% of american workers were high-school dropouts. today the number is less than 10%. together these three factors have had a dramatic effect on the pool of americans available to...
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trade deficit with. a devastated middle class. so the first part deals with those kinds of problems a second part shows what is happening to the american labor force it in effect has been turned into a third world labor force where they only available jobs are and lowly paid the best services so that they can affect. the new economy is to have to have an undeveloped burial of congress and the third part deals with the current. so-cal sovereign debt crisis in europe and shows that it's being used to establish two things one that the public must bear the cost of mistakes made by private banks and the other use of the so-called crisis is to take away the sovereignty of the individual countries by turning their budget and tax policy over to to the e.u. so that's what the book is it walks you through basically the failure of economics the failure of all of the apologists for the failure policies now what happened with. while it probably and i use the failure of laissez faire capitalism well if you look back over the last quarter centur
trade deficit with. a devastated middle class. so the first part deals with those kinds of problems a second part shows what is happening to the american labor force it in effect has been turned into a third world labor force where they only available jobs are and lowly paid the best services so that they can affect. the new economy is to have to have an undeveloped burial of congress and the third part deals with the current. so-cal sovereign debt crisis in europe and shows that it's being...
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trade deficit with. a devastated middle class. so the first part deals with those kinds of problems a second part shows what is happening to the american labor force it in effect has been turned into a third world labor force where they only abatement jobs are and lowly paid the best services so that they in effect. the new economy is to have to have an undeveloped burial of congress and the third part deals with the current. so-called sovereign debt crisis in europe and shows that it's being used to establish two things one that the public must bear the cost of mistakes made by private banks and the other used the so-called crisis is to take away the sovereignty of the individual countries by turning their budget and tax policy over to to the e.u. so that's what the book about as it walks you through basically the failure of economics the failure of all of the apologists for the failure policies now what happened with. while it did i use the failure of laissez faire capitalism well if you look back over the last quarter century i
trade deficit with. a devastated middle class. so the first part deals with those kinds of problems a second part shows what is happening to the american labor force it in effect has been turned into a third world labor force where they only abatement jobs are and lowly paid the best services so that they in effect. the new economy is to have to have an undeveloped burial of congress and the third part deals with the current. so-called sovereign debt crisis in europe and shows that it's being...
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Apr 16, 2013
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deal to help egypt has floundered, and pressure will likely be exerted upon pakistan to cut its budget deficit and replay 80% of an $11-billion imf loan still outstanding from 2008. the faa orders inspections of more than 1,000 boeing 737 jets. the wall street journal reports that the concern is with "attach pins" that may have been improperly manufactured. if the pins fail, it can cause pilots to lose control of an aircraft. the directive was not a result of any accidents caused by faulty pins. the inspections are not expected to affect flight schedules, but could spell added trouble for boeing, which is still trying to get its dreamliners back in the air. two big-name retailers are denying compensation to victims of a factory fire where workers were making garments to be sold by the retailer. the controversy involves wal-mart and sears. a fire erupted at a bangledesh clothing factory in november, killing 112 workers. according to published reports, the two companies ignored a meeting to discuss payouts to help victims and their families. bloomberg reports both companies have said the supplie
deal to help egypt has floundered, and pressure will likely be exerted upon pakistan to cut its budget deficit and replay 80% of an $11-billion imf loan still outstanding from 2008. the faa orders inspections of more than 1,000 boeing 737 jets. the wall street journal reports that the concern is with "attach pins" that may have been improperly manufactured. if the pins fail, it can cause pilots to lose control of an aircraft. the directive was not a result of any accidents caused by...